Aerospace & Defense – Aviation & Space Technologies

Increasing investments in the information technology, electronics, and semiconductor sector is expected to boost market developments. The increasing application scope of drones in the architecture & construction, agriculture, mining, logistics, and insurance sector is projected to augment market growth over the coming years. Large investments made by venture capitalists, private equity companies, and government associations in developing analytic software and sensors in the drone industry is anticipated to positively influence the market.